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Updated about 2 years ago on . Most recent reply

Andrew Reames's profile image
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Andrew Reames
  • Rental Property Investor
  • from Grand Rapids, MI
  • Member since Oct 13, 2022
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Andrew Reames's profile image
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Andrew Reames
  • Rental Property Investor
  • from Grand Rapids, MI
  • Member since Oct 13, 2022
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Andrew Reames
  • Rental Property Investor
  • Grand Rapids, MI
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Starting Out

How to Identify and Select Markets

Andrew Reames
  • Rental Property Investor
  • Grand Rapids, MI
Posted

Hello All!

New here and trying to determine if it makes sense for me to find an investment property in my hometown or look for another market where there economics are more attractive.

Are there benefits to having your first investment near where you live if you plan to use a property management company?

When looking at markets: what are some things that indicate a strong market to invest in?

Thanks!

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Marcus Auerbach
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  • from Milwaukee - Mequon, WI
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Marcus Auerbach
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  • from Milwaukee - Mequon, WI
  • Member since Aug 7, 2010
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Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Half of the BP members living on the coast would kill to buy deals like you have in your backyard!

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